U.S. Craft Spirits Market Declines, As Producers Refocus On Home Markets
U.S. craft spirits declined 3.6% to 13.5 million cases and 1.1% to $7.8 billion last year, according to the American Craft Spirits Association (ACSA), marking the first decrease for the segment in memory. Continue reading →
Posted in News on September 18, 2024News Briefs for September 18
•Suntory Global Spirits has brought back Basil Hayden 10 Year, making the previously-limited whiskey the latest permanent addition to the Basil Hayden portfolio. Continue reading →
Posted in News on September 18, 2024News Alert: Campari CEO Matteo Fantacchiotti Resigns After Five-Month Tenure
Campari CEO Matteo Fantacchiotti has resigned effective immediately, less than six months after succeeding longtime chief executive Bob Kunze-Concewitz at the head of the Italian spirits group. Continue reading →
Posted in News on September 18, 2024Upscale Bourbons Showing Steady Growth In The Year-To-Date
For the first time in a quarter-century, U.S. consumers drank less American whiskey last year than in the previous year—however, thanks to consistent premiumization trends, the category grew in dollar terms, according to Impact Databank. Continue reading →
Posted in News on September 17, 2024Campari Gains Stake In Capevin, Owner Of Bunnahabhain And Other Single Malts
Campari Group has taken a minority stake in Capevin Holdings Proprietary Limited for £69.9 million ($91.9m). Continue reading →
Posted in News on September 17, 2024Suntory Backs -196 Brand With National Campaign
Suntory Global Spirits is backing its -196 vodka soda brand with a new national ad campaign called “Unusual Your Usual.” Continue reading →
Posted in News on September 17, 2024
